PA Tax Tables for 2011, 2012

Each pay period federal and state taxes are with held from your paycheck each pay period. The PA tax tables are decided by the Pennsylvania state tax legislation.

The Pennsylvania state income tax is a flat 3.07%.

Pennsylvania personal income tax is a tax liability for taxable income of resident and nonresident individuals, estates, trusts, partnerships, S corporations, business trusts and limited liability companies not federally taxed as corporations.

There are several different types of income that are taxed in Pennsylvania, a few of them are:

• Wages – earned income as compensation, interest earned, dividends paid to you.
• Net gains or income from various places, such as property sales, rent, etc… Gambling and lottery winnings other than Pennsylvania Lottery winnings.　

If you have a loss in one class of income it may not offset against income in another class, nor can gains or losses be carried from one year to the next.

The Pennsylvania personal income tax does not have a standard deduction. Individuals may reduce tax liabilities through available deductions, credits and exclusions.

What can I use as a deduction on my tax return?

If you have expenses for your occupation that are non-reimbursable and are directly related to your employment you may deduct that amount from your total wage amount. Pennsylvania also allows three other deductions against your income if you qualify. You may deduct the amount you have contributed to your medical and health savings accounts. You may also deduct the amount you have contributed to your IRC Section 529 tuition account program.

What credits are available to me?

If you have paid any income tax to another state or foreign country you may receive a credit against your Pennsylvania state income tax. Lower income families and individuals may receive a credit if you qualify under tax forgiveness.

What are some exclusions I may qualify for?

If you have made payments to an IRC Section 125 plan, which is a program that covers sickness, disability, hospitalization or death. You may qualify to have the amount excluded from your income. If you have recently sold your principal residence and qualify under the ownership and use requirements you may be able to exclude any gains from your income.

Find more information on PA Tax Tables here.